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Property profile & analytics
OFF-MARKET
Commercial land
261 Main St Mount Juliet, TN 37122-3203
Entity Owned
~
Est. High Equity
Property ID
US80-0382783
Property summary
AI-generated overview
This exceptional commercial land parcel, located at 261 E Main St in Mt. Juliet, Tennessee (zip code 37122), presents a unique opportunity for immediate development. Currently zoned Commercial (CTC), this pad-ready lot boasts pre-approved site plans and complete architectural drawings readily available for review. The approved plans detail a 2500 square foot retail space, eliminating the lengthy and often costly process of obtaining city approvals. Building permits are ready to be pulled, allowing for a swift commencement of construction. This turnkey solution significantly reduces time and expenses associated with typical commercial development projects. The property's strategic location in Mt. Juliet, Wilson County, offers excellent visibility and accessibility, making it an ideal site for a variety of commercial ventures. Priced at $350,000, this property represents a compelling investment opportunity for those seeking a streamlined path to establishing a thriving commercial presence in a vibrant Tennessee market. The property is being offered for sale by owner.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1944
Total area
2,766 SF
Lot
0.36 ac (15,491 SF)
APN
073L B 00801
UPID
US80-0382783
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Valor Property Holdings LLC
Valor Property Holdings LLC
since 2025
Last sale
$300,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mount Juliet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Juliet submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$199
Tax year 2023
Assessed value
$9,840
Assessed 2023
Previous assessed
$9,840
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$9,840
Land market value
$24,600
Total market value
$24,600
Applied tax rate
95.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1944
Heating
YES
Stories
2
Bathrooms
2
Total area
2,766 SF
Lot
0.36 ac (15,491 SF)
APN
073L B 00801
UPID
US80-0382783
Jurisdiction
WILSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1944
Heating
YES
Stories
2
Bathrooms
2
Lot
0.36 ac
Current owner
From public records · entity-resolved
Valor Property Holdings LLC
Entity
Mailing address
1110 S MAPLE ST, LEBANON, TN 37087-4143
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2025
$265,000
Valor Property Holdings LLC
Common Man Trust
Warranty Deed
—
Jan 4, 2024
$300,000
Narendra B Patel
Investmen Holding Group Vii LLC
Warranty Deed
$200,000 · Investment Holding Group Vii
Nov 5, 2012
$75,000
Investment Holding Group Vii L
Lee,robert E
Trustees Deed
—
Oct 8, 2012
$75,000
Investment Holding Co Vii LLC
Lee Robert E
Trustees Deed
—
—
—
Wc Ventures II LLC
—
Deed Of Trust
related
$200,000 · Steven Abbate
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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